
Carmel, California 93921
This Value-Add Coastal Cottage is listed at $2,250,000, representing a stable acquisition at its $2,250,000 Fair Market Value. Currently in Dated Condition (Score: 4), the 1,224 sqft residence provides a strategic opportunity for modernization in a premier location. The property features a Private Patio with Brick Fireplace and is situated within the top-tier Carmel Unified School District, walking distance to the Sunset Center. This asset offers significant potential for forced appreciation, making it ideal for Value-Add Investors or Owner-Occupants looking to build Equity Potential through a custom renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ San Carlos & 10th Subject | $2,250,000* List Price | 2 | 2 | 1,224 | $1,838 | - |
A 0 Sw Corner Camino Real And 4th Avenue Sold | $2,315,000 | 2 | 2 | 1,149 | $2,015 | 0.5 mi |
B Monte Verde Active | $2,900,000 List Price | 2 | 2 | 1,288 | $2,252 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this home is well-maintained and 'livable' but clearly dated. The kitchen and bathrooms feature older white appliances, basic cabinetry, and 90s-style tile work that likely exceeds a 20-year age. The listing description confirms it is a 'perfect palette for creative remodeling,' indicating it needs updates to meet modern standards.
Situated in the heart of Carmel, this property offers exceptional walkability to world-class restaurants, art galleries, and the renowned Sunset Center.
The home is set back from the street and secured by a high fence, featuring a secluded patio with a brick fireplace that provides a rare sense of privacy for the area.
The functional two-bedroom, two-bathroom layout is entirely on one level, making it an ideal choice for a low-maintenance vacation getaway or a long-term residence.
Built in 1959, the home is described as a palette for creative remodeling, suggesting that significant updates may be required to meet modern luxury standards.
With a list price of $2.25M for 1,224 square feet, the property commands a premium price point that may be difficult to justify given its original condition.
EXCITING PRICE REDUCTION on a home in the heart of Carmel. "SeaBright" is just a stroll to restaurants, galleries, shops and the renowned Carmel Sunset Center for the performing arts. Set back from the street and sheltered by a high fence, the home enjoys privacy and seclusion, allowing you to relax cozily on the patio around your outdoor brick fireplace. Inside, the home offers a cheerful beach cottage feel--bright with sunshine and fresh with promise. A perfect palette for your creative remodeling ideas, but already pleasant and livable as is, if just want to slip into sandals and stroll to the sea. Perfectly sized with two bedrooms and two baths all on one level, SeaBright is eager to serve as your vacation getaway or your Carmel forever home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,224 | 1,614.5 | 9% |
| Lot Size | 4,000 | 4,000 | 50% |
| Price | $2.25M | $3.37M | 27% |
| Price per sq ft | $1.8K | $2.2K | 27% |
| Built year | 1959 | 1963 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 184 | 41% |
Mar 23, 2026
$2,250,000
$2,499,000
-10% Price Drop
Initial Listing
Mar 9, 2026
$2,499,000
Initial Listing
Jan 23, 2026
$2,599,000
Initial Listing